BOJ says to reduce frequency of buying in superlong JGBs in June

TOKYO: The Bank of Japan plans to conduct buying of Japanese government bonds with more than 10 to 40 years to maturity three times in June, compared to four times for the past six months, the central bank said on Friday.

It also said it will buy 100 to 300 billion yen ($0.92 billion - $2.76 billion) of 10-25 year JGBs each time, compared to 100 to 250 billion yen until now.